Fraud Detection

Out-smart and out-pace financial criminals

Fraud is coming at banks from all directions

To stay a step ahead, financial institutions need to continuously monitor every kind of transaction, across every part of their organization. They need reliable alerts of anomalous behavior, the instant it occurs. Only then can they mitigate risk, protect against losses, and defend their hard-won reputations

Case Study: Fraud detection for retail banking

Monitoring of fictitious transactions

Our client suspected that spy malware took over their customers’ devices, creating fictitious transactions. Incumbent legacy systems were unable to detect the criminal activity and were overwhelming analysts with thousands of false positive alerts.

0million transactions analyzed

0million Euro of previously undetected fraud

0new fraud patterns

Accurate, meaningful fraud detection

Expose previously undetected fraud

Identify both known and unknown risks, and minimize exposure by detecting threats early.